Michael James Carlson - Feb 15, 2023 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Operating Officer
Signature
/s/ Kathy Medford, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 07:36 PM
Previous filing
Sep 30, 2022
Next filing
Sep 28, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STEM Restricted Stock Unit Award $0 +78.9K +324.14% $0.00 103K Feb 15, 2023 Common Stock, Par Value $0.0001 Per Share 78.9K Direct F1, F2
transaction STEM Stock Option (Right to Buy) Award $0 +102K $0.00 102K Feb 15, 2023 Common Stock, Par Value $0.0001 Per Share 102K $10.25 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive one (1) share of common stock.
F2 The RSU award vests in three equal annual installments beginning on February 15, 2024.
F3 The option award vests in three equal annual installments beginning on February 15, 2024.